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2018-19 Budget Development

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graphic that says "May 15 Budget Vote" with a Glens Falls arrowhead on a red background

 

All budget meetings are open to the public.

Budget Calendar

January, 2018:
  • Present 2018-2019 Budget Development Timeline to Board of Education
  • Bobby Yusko (Assistant Superintendent for Business) and Paul Jenkins (Superintendent) meet with administrators to distribute budget guidelines and requisition sheets, and gather input regarding program staff needs, materials and supplies, cost-saving ideas, and potential increases/decreases in building budgets.
  • Administrators submit program budget composite to Assistant Superintendent for Business (building materials & supplies and contractual purchase requests).
January 31, 2018
  • Audit & Finance Committee meeting,
    6 p.m. in the District Office
February 12, 2018
  • Present 2018-2019 preliminary budget forecast and proposed budget assumptions to Board of Education
MEETING DOCUMENTS:
March 1, 2018
  • Tax Levy Limit submission due to the Office of the State Comptroller
March 7, 2018
  • Audit & Finance Committee meeting,
    7 p.m. in the District Office (SNOW DAY CANCELATION: PRESENTATION MOVED TO MARCH 12 AT BOE MEETING)
March 12, 2018
  • Regular Board of Education meeting,
    7 p.m. in the District Office; Board adopts the Notice of Registration and Notice of Public Hearing and Annual Meeting resolution
MEETING DOCUMENTS:
March 13, 2018
  • School Board Candidate Nominating Petitions available in the District Office
March 30, 2018
  • First Notice of Budget Hearing, Annual Meeting and Election published in the Post Star (at least 45 days before Budget Vote)
April, 2018
  • District Office prepares absentee ballot applications, absentee ballots, related envelopes, and directions (The ballot must be mailed not earlier than 30 days or later than 7 days prior to the election day – (April 26 – May 8, 2018 for GFSD)
  • Board of Education finalizes 2018-2019 educational plan and budget before the April 23, 2018 due date for NYS Property Tax Report Card
April 6, 2018
  • Second Notice of Budget Hearing, Annual Meeting and Election published in the Post Star
April 9, 2018
  • Regular Board of Education meeting,
    7 p.m. in the District Office; Anticipated 2018-2019 Budget adoption
April 10, 2018
  • Last day to file Taxpayer Report Card with New York State and provide to the Post Star for publication
April 13, 2018
  • Third Notice of Budget Hearing, Annual Meeting and Election published in the Post Star
April 20, 2018
  • Fourth and Final Notice of Budget Hearing, Annual Meeting and Election published in the Post Star
April 24, 2018
  • Special Board of Education meeting,
    6 p.m. in the District Office: anticipated BOCES budget adoption
April 25, 2018
  • 2018-2019 Proposed Budget Statement and attachments made available to the public online, at every school building, and Crandall Public Library
  • LAST DAY FOR FILING PETITIONS by candidates with Clerk of the Board (20 days before election and signed by at least 100 qualified voters), 5 p.m. deadline
  • Voter Registration at District Office: 9-11 a.m. & 2-4 p.m.
April 26, 2018
  • Drawing for candidates’ position on ballot
  • Candidates informed of the legal requirement for all candidates for election to Board of Education to file sworn statements of campaign contributions and distribute informational material
  • Candidates’ photos taken and personal statement received for publication in Budget Newsletter
  • Press notified of candidates for the School Board, date, time and polling places
April 26—May 8, 2018
  • Absentee ballots mailed to any qualified voter who requests one at the District Office
May 1, 2018
  • Budget Public Hearing,
    6 p.m. in the District Office
May 3, 2018
  • Required Proposed Budget Notice and Budget Newsletter mailed to District residents
May 14, 2018
  • Regular Board of Education meeting,
    7 p.m. in the District Office
May 15, 2018
  • BUDGET VOTE DAY: District Annual Meeting and election of Board of Education
  • 12 p.m. to 9 p.m. at Sanford Street School
  • Board of Education meets at 9 p.m. to tabulate votes and declare winners
  • Clerk of the Board notifies winners within 24 hours of the vote tabulation
  • Press notified of election results; BOCES District Superintendent notified of budget vote results
June 19, 2018
  • Statewide budget re-vote day, if required (third Tuesday of June)
July 1, 2018
  • Implement 2018-2019 Budget

 

2018-19 budget development quick links

 

Preliminary budget forecast shows gap between revenues and expenditures for 2018-2019

February 13, 2018—“Expenditure growth and revenue stagnation” set the landscape for initial 2018-2019 budget development, Assistant Superintendent for Business Bobby Yusko told the Board of Education on Monday night, as he outlined a preliminary budget scenario that would create a $2 million gap between revenues and expenditures in 2018-2019. Early scenarios do not include any reductions in program or services, do not account for application of fund balance, and utilize refined state aid estimates based on the Governor's Executive Budget proposal.

photo of students and staff

A revenue analysis slide was discussed as part of an initial budget development overview at the Board of Education meeting on February 12, 2018.

In his initial budget PRESENTATION, Mr. Yusko discussed the complexities of state education aid and the historical variance between what the State projects the district will receive, and the amount of funding that actually arrives.

Governor Andrew Cuomo’s Executive Budget proposal, which was released in January and forms the basis for school budget development, calls for a $769 million increase in school aid. “We fall into only some of the categories of aid increase proposed by the governor, the largest of which is foundation aid,” said Mr. Yusko. He also noted that the Governor’s education budget is “not even half of what the agreed upon foundation aid increase was last year (for school year 2017-2018)."

For perspective, the New York State Educational Conference Board requested a $2 billion overall aid increase, with $1.4 billion of that as foundation aid. The Board of Regents requested a $1.6 billion overall aid increase, with $1.25 billion going to foundation aid. The Governor’s proposal allocates a $769 million overall aid increase, including $338 million for foundation aid. “It’s not even in the ballpark of what was requested by these education groups,” Mr. Yusko said.

“Usually the Executive Budget numbers are the lowest you’ll see each year,” said Mr. Yusko, referring to the state Legislature’s budgeting process that typically adds to the Governor's allocations. “Hopefully the majority of the increase will be in foundation aid, since this category is predominantly based on student enrollment, and not on prior expenditures.”

Expense-based aid categories—which simply reimburse school districts for money they’ve already spent on educating students—would change significantly under the Executive Budget proposal as well. Expense-based aid categories would be fully funded in 2018-2019, and then a cap would limit the growth of those aids to 2 percent in 2019-20 and beyond. Mr. Yusko gave the example of transportation aid, which is one of the larger expense-based aid categories benefiting the district. “Even if our expenditures grew by more than 2% year-over-year, we wouldn’t get the aid back on whatever funds we spent over that designated cap level,” he said.

graphic of tax levy limit calculation

Turning to the district’s property tax cap calculation for 2018-2019, Mr. Yusko said this is the first year in four that school districts have been able to use a full two percent within the calculation formula because the Consumer Price Index (CPI) is 2.13 percent for 2018. The past few years that calculation factor has actually been below two percent because the CPI (which is an indicator of inflation) has been less than two percent—hovering between twelve-hundredths of one percent in 2016, and 1.6 percent in 2015.

Another caveat to the last few years has been the property tax relief credit authorized by the New York State Legislature, authorized in 2015 for the 2016-2020 tax years. If a school district remains within its tax cap calculation, then the state reimburses individual taxpayers for the increase in their year-over-year school tax bill. “So Glens Falls City School District taxpayers were recently made whole with their tax rebate checks from New York State, because our district stayed within the cap in 2017,” explained Mr. Yusko.

Mr. Yusko pointed out that the tax cap does not limit an individual taxpayer’s bill to a 2% increase, but limits the overall levy’s growth. Similarly, in the public vote on May 15th, voters are approving the spending plan of the district, not the actual tax levy.

Discussions with administrators and the school community are ongoing during this initial budget development phase, Mr. Yusko said. More information, and firmer figures, should be available as the State Legislature works towards its own budget adoption in early April. The Glens Falls Board of Education Audit and Finance committee meets next on March 7th at 7 p.m. in the district office.

 

 

Budget development reference materials

  • Governor Cuomo's FY 2019 Executive Budget Aid to Localities and School Districts
  • NYS Association of School Business Officials 2018-19 Executive Budget Analysis and Legislative Update, 1/23/18
  • NYS Council of School Superintendents Analysis of the 2018-19 Executive
    Budget and the Public Schools, 1/30/18
  • NYS Educational Conference Board School Finance Recommendations for 2018-19 education funding, 12/4/17
  • NYS Board of Regents 2018-19 State Aid Proposal (adopted 12/12/17)
 
 

 

GFSD budget-related news archive

2017-18 Budget Development archive: HERE
2016-17 Budget Development archive: HERE
2015-16 Budget Development archive: HERE
2014-15 Budget Development archive: HERE
2013-14 Budget Development archive: HERE